Overview

* Kits Eyecare ( KTYCF ) Q2 preliminary revenue grows 31% yr/yr, beating analyst expectations

* Adjusted EBITDA for Q2 exceeds 5% of revenue

* Co says cash position remains "strong" at over C$18 mln

Result Drivers

* REVENUE GROWTH - Revenue increased 31% year-over-year to C$49.6 million, exceeding analyst expectations

* CUSTOMER ACQUISITION - New customers increased by 55% year-over-year, indicating effective growth strategies

* STRONG CASH POSITION - Maintained a strong cash position of over C$18 million, reflecting financial stability

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat C$49.60 C$48.90

Revenue mln mln (3

Analysts

)

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)